Overseas tungsten City sluggish demand, only a small turnover

Overseas demand remained sluggish tungsten City, only small-scale transactions, tungsten iron prices stable Europe was down, is expected before the Spring Festival, or hard tungsten overseas rose. It is understood that the Vietnamese sun star tungsten industry started trial production of sodium tungstate.

The latest week MB Rotterdam ferrotungsten 33-34 USD / kg of tungsten, the average price fell $ 0.5, paratungstate Eurodollar 270-315 / metric ton, the average price fell $ 2.5.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Procurement Inquiry tungsten powder increased support was up quotes

This week tungsten powder smelter home offer a slight increase, the range quoted slightly raised high, and gradually approaching the range of high turnover. Analysis predicts end of the market demand is still busy, so late to continue sharply upward blocked, before the Spring Festival, or stabilization of the main powder prices.

The powder products prices for two main reasons: on the one hand raw tungsten concentrate market upward, raising the cost of supporting tungsten powder prices, also contributed to the increase downstream manufacturers purchase intentions; on the other hand, the end of this week, will soon be home tungsten powder smelter shutdown maintenance, single or downstream users continued under the new orders in the near future, the recent increase in actual demand.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Department of Commerce: tungsten, molybdenum export quotas for products with resource management reform

January 13, Commerce Department of Treaty and Law Department official on the Chinese Government to abolish export quotas for rare earths and other management issued a statement.

Recently, the Chinese government abolished for rare earths, tungsten, molybdenum and other products of export quota management, aroused great concern. Commerce Department of Treaty and Law Department official has issued a statement that the rare earths, tungsten, molybdenum and other products of export quotas cancellation product management reform is in line with the domestic rare earth resources such as class I, at the same time, considering the implementation of a WTO ruling related to the conduct of policy adjustments.

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Tungsten prices continued maintenance of stability, the market volume was light

Tungsten market: businesses generally optimistic about the market after the tungsten ore, tungsten ore cargo hold very strong emotional reluctant to sell, market purchases more difficult, tentative inquiry compelled to raise, stabilize the main tungsten products, some manufacturers offer even with the slight increase in raw material prices upward while. Recent market conditions continued maintenance of stability of tungsten scrap, scrap tungsten steel cargo operators continued reluctance to sell not waste tungsten grinding away material is difficult to hold stocks of goods, is expected to total tungsten market volume was light.

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Tungsten scrap market continues to run smoothly, thinly traded

With respect to the recent fluctuations in the raw materials market, the recent market conditions continued maintenance of stability scrap tungsten, tungsten steel scrap cargo operators continued reluctance to sell not waste tungsten grinding away material is difficult to hold stocks of goods, the overall market volume was light.

It is understood the import of waste tungsten inserts the current market price excluding tax mainstream 154-159 yuan / kg, scrap tungsten blade domestic price excluding tax mainstream 147-149 yuan / kg, scrap tungsten drill 155-160 yuan / kg, 70 degrees above tungsten grinding waste material is still near 1.35 yuan / kWh, almost no change compared to the price of a half months ago.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten ore cargo operators reluctant to sell, market purchases more difficult

With respect to the recent fluctuations of raw materials markets, businesses generally optimistic after tungsten ore market, tungsten ore cargo hold very strong emotional reluctant to sell, market purchases more difficult, tentative inquiry compelled to raise, stabilize for tungsten-based products Lord, some manufacturers offer even with a slight increase in raw material prices and upward.

Macro level, the 12 western provinces generous layout CCCC, a total investment of over 600 billion this year; last year's investment growth or hit 13-year low, multi-year plan to expand investment in the province to open; Bank lowered global economic growth is expected.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Tungsten demand continues to slump, spot market transactions stalemate

Tungsten market: Inquiry increased raw material of tungsten ore, tungsten ore prices firm and was up slightly, but holding business sellers, spot market transactions stalemate, tungsten ore market in mid-January or continued strong run. Ferrotungsten market demand continues to slump, the market temporarily steady run, newly signed smelter single hard, take the goods difficult. Years ago, the market demand is expected to iron or tungsten hard to break.

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Ferrotungsten turnover is not optimistic, limited factory inventories

This week ferrotungsten market demand continues to slump, the market temporarily steady run, newly signed smelter single hard, take the goods difficult. Market demand is expected ago ferrotungsten or difficult to break, mainly due to: the Spring Festival approaching, the downstream steel industry needs less equipment downtime smelter also began to leave home, tungsten, iron market inquiry less turnover situation is not optimistic. It is understood that the cash price concentrated 15 yuan / ton or less, redemption price at 152,000 yuan / ton.

Tungsten iron prices are expected to decline year may not: on the one hand due to raw material price increases, the cost of support, and cargo operators reluctant to sell raw materials, raw material procurement more difficult; on the other hand this tungsten iron smelters home inventory has been strictly controlled, tungsten iron smelter currently home inventory is not large, open next year in procurement of raw materials more difficult, is estimated to have a new multi-March tungsten produced iron products, tungsten, iron smelters therefore not possible at home before selling cheap tungsten iron.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
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Inquiry tungsten ore increased cargo operators reluctant to sell

Despite the increase in market inquiry, but more reluctant to sell goods holders, tungsten ore deal now still deadlocked. Recent tungsten ore prices stabilized and rebounded slightly downstream tungsten smelter home actively purchasing of raw materials, the hot money is also an attempt to hoard points before bargain-hunting tungsten ore, tungsten ore increased inquiry, the inquiry also slowly increase.

The main reason is: hold stocks generally optimistic about the tungsten market after the Spring Festival, when you think there is to rally and hold stocks in the hands of mostly high-priced stocks, the current price of shipping, still upside down. It is understood, APT smelter home to 60 degrees wolframite inquiry from 77,000 yuan / ton at the end of December, now raised to 79,000 yuan / ton, up about 2000 yuan / ton.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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Inquiry tungsten powder increased slightly, price increases slow

Tungsten market: Although partial funding remains tight, but tungsten smelters are gradually stocking home to prevent raw materials can not buy a short time after the Spring Festival this week, ammonium paratungstate, tungsten powder Inquiry increased slightly, but the volume is still large, turnover slow price increases, paratungstate smelter recent home price continued strong foreign, low turnover decreased enthusiasm smelter home sales weakened, mainly old orders, sodium tungstate continued weak market demand, low stock market trading, manufacturers continue to produce less expected this week, the price of tungsten may be more stable and was up.

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